Foreign media: Whop receives a $200 million investment from Tether, with a valuation of $1.6 billion

PANews February 26 News, according to TFN, global internet marketplace platform Whop received a $200 million investment from Tether, valuing it at $1.6 billion. Yesterday, Tether disclosed a strategic investment in Whop but did not reveal the specific amount.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Blockchain payment company Utexo completes $7.5 million seed funding round, led by Tether and others

Utexo announces the completion of a $7.5 million seed round funding, led and participated in by multiple institutions. The company integrates Bitcoin, the Lightning Network, and the RGB protocol to provide payment operators with a single API access, enabling real-time USDT settlement, with features such as predictable transaction fees and fast settlement.

GateNews38m ago

Tether Backs Eight Sleep in $1.5B Health Tech Deal

Tether Investments invested in Eight Sleep to build AI-powered health intelligence tools using sleep and recovery data insights. Eight Sleep will integrate Tether’s QVAC edge AI architecture to process sleep and health data directly on devices. Tether Investments expands into health

CryptoFrontNews1h ago

USDC tops Tether as stablecoin transfers hit all-time high $1.8T

Stablecoins are delivering a liquidity surge unseen in recent cycles, with February marking a record on-chain transfer activity and signaling a shift in how capital moves through crypto markets. Allium’s data shows total stablecoin transfers climbed to $1.8 trillion in February, underscoring a

CryptoBreaking3h ago

Bitcoin Payments Expand as Utexo Secures $7.5M From Tether

Utexo has secured $7.5 million to enable direct USDT settlements on the Bitcoin network, reducing reliance on bridges and enhancing payment efficiency. Tether's investment signals strong market potential for Bitcoin as a stablecoin payment platform.

Coinfomania7h ago

Rumble latest financial report: holds 210.82 BTC, Tether commits $150 million for GPU service procurement

Rumble disclosed in its latest financial report that it holds 210.82 Bitcoins and $237.9 million in cash, with liquidity reaching $256.4 million. Tether will pay it $100 million in advertising fees and provide up to $150 million in GPU service procurement commitments to strengthen AI infrastructure collaboration.

GateNews10h ago
Comment
0/400
TaoGe001vip
· 02-26 10:55
Wishing you great wealth in the Year of the Horse 🐴
View OriginalReply0
TaoGe001vip
· 02-26 10:54
Wishing you great wealth in the Year of the Horse 🐴
View OriginalReply0